February 3, 2012
France Telecom confirmed Friday the sale of Orange to the Chinese Hutchison 3G Austria, a subsidiary of conglomerate Hutchison Whampoa, continuing its asset sales abroad. The transaction is valued at 1.3 billion euros including debt Orange Austria amounting to around 1.1 billion euros. France Telecom, owner ...
February 2, 2012
Competitiveness of the German economy is regularly cited as an example by Nicolas Sarkozy. Yet behind the success of "Made in Germany" export hidden social realities unenviable. German Chancellor Angela Merkel at his best wishes for 2012 In his televised speech Sunday night, Nicolas Sarkozy praised the German model ...
November 29, 2011
The British government Tuesday revised down sharply its growth forecasts and found that it would take longer than expected to reduce the budget deficit, which led him to extend austerity measures beyond the election date of 2015. Finance Minister (Chancellor of the Exchequer), George Osborne, warned that the UK ...
October 25, 2011
French consumer confidence rose in October, conversely to the expectations of economists shows a monthly survey released Tuesday by INSEE. The composite indicator of consumer confidence stood at 82, up two points from September. The 17 economists and analysts polled by Reuters on average expected a figure of ...
October 6, 2011
The owner of Volvo automobiles, Chinese Geely, denied Thursday be interested in the Swedish manufacturer Saab, after information in the sense of the daily Dagens Nyheter. Saab, which has hardly produced a car for six months, is in receivership.A loan of EUR 70 million guaranteed by the Chinese Zhejiang ...
October 5, 2011
European shares opened higher Wednesday, redemption, and with it the prospect of a political unity on the situation of banks to market to end in early trade, three consecutive sessions of decline. At 9:05, the CAC 40 index advances 2.57% at 2923.78 points. The London Stock Exchange gained ...
September 15, 2011
Wall Street was up Thursday at the opening, increasing his earnings for the last three sessions, relieved to see the great capitals of the euro area firmly committed to help Greece to stay in the euro area. The rise of Wall Street, in the first significant trade occurs despite ...
September 14, 2011
Beijing's interest that Europe, its first export market, so the debt crisis in which it is stuck. But its purchases of government bonds in difficulties are by no means a long-term solution, says Xu Bei, an economist at Natixis. Interview. Chinese Premier Wen Jiabao visited the Acropolis in Athens with ...
August 27, 2011
The Federal Reserve chairman Ben Bernanke has failed Friday to announce new decisions to boost growth but felt it was vital for the economy to reduce unemployment in the long term. "It is clear that the recovery after the crisis was much less robust than we had hoped," he ...
August 25, 2011
Unemployment in France in July continued the rise that began in May, to find a level not seen for over 11 years, show statistics released Thursday by the Ministry of Labour and job center. The number of job applicants in category A (those who carry on any business during ...